NOT LISTED FOR SALE

Estimated Value: $429,256 - $530,000

5 Beds
2 Baths
1,503 Sq Ft
$325/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $460,000 $306 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,063/month

6 Days on Market

Highlights

  • Deck
  • Hot Water Circulator
  • Private Driveway
  • Property is near shops
  • Baseboard Heating
  • Level Lot

About This Home

As of May 2024

Great investment property. First floor unit has large living/dining area, bedroom and kitchen on main level with 2 additional bedrooms on lower level along with separate laundry room. Natural gas heat. Lower level is walk out. Second floor unit has electric heat, 2 bedrooms and large wrap around deck. Home needs updating but in overall fair condition for its age. New roof is approximately 1 year old. Property being sold "as is". Inspections to be done for informational purposes only.

Last Agent to Sell the Property

Jeanne Garzi

William Raveis Real Estate License #REB.0758496 Listed on: 11/14/2023

William Raveis Real Estate

Last Buyer's Agent

Marco Albarracin

RE/MAX Right Choice License #RES.0819495

RE/MAX Right Choice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,737

Year Built

  • Built in 1925

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Home Design

  • 1,503 Sq Ft Home
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • 2 Car Garage
  • Parking Deck
  • Private Driveway

Schools

  • Danbury High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Additional Features

  • Deck
  • Property is near shops

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 72224

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,737

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1503
  • Total Sq Ft: 1503
  • Year Built: 1925
  • New Construction: No/Resale
  • Nearby Amenities: Medical Facilities, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1932
  • Directions: Westville Ave to Hakim Street across from Filosa Nursing Home
  • Financing Used: Conventional Fixed
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Description: Partial With Walk-Out
  • Laundry Room Location: In Basement for Unit 1
  • Laundry Room Info: Hook-Up In Unit 1
  • Attic: No

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Aluminum
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private, Paved
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: None
  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Electric, Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.21
  • Lot Description: Level Lot
  • Zoning: R3
  • Parcel #: 72224

Multi Family

  • Total Number Of Units: 2
  • Unit Count: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 5737

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Danbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
May 2, 2024
Sold by
Malone Michael D and Malone John M
Bought by
Montesdeoca Mike D and Montesdeoca Christian
Seller's Agent
Jeanne Garzi
William Raveis Real Estate
Buyer's Agent
Marco Albarracin
RE/MAX Right Choice
List Price
$430,000
Sold Price
$460,000
Premium/Discount to List
$30,000
6.98%
Views
121
Current Estimated Value
$487,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,814
Avg. Annual Appreciation
3.51%
Original Mortgage
$368,000
Outstanding Balance
$362,751
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$125,063
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Montesdeoca Mike D $460,000 None Available
Montesdeoca Mike D $460,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montesdeoca Mike D $368,000
Closed Montesdeoca Mike D $368,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2024 05/03/24 Sold $460,000 +7.0% $306 / Sq Ft
01/23/2024 01/23/24 For Sale $430,000 0.0% $286 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
11/14/2023 11/14/23 For Sale $430,000 -- $286 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,145 $245,910 $60,550 $185,360
2024 $6,010 $245,910 $60,550 $185,360
2023 $5,737 $245,910 $60,550 $185,360
2022 $4,747 $168,200 $65,000 $103,200
2021 $14,837 $168,200 $65,000 $103,200
2020 $4,642 $168,200 $65,000 $103,200
2019 $4,642 $168,200 $65,000 $103,200
2018 $4,642 $168,200 $65,000 $103,200
2017 $3,911 $135,100 $61,900 $73,200
2016 $3,875 $135,100 $61,900 $73,200
2015 $3,818 $135,100 $61,900 $73,200
2014 $3,729 $135,100 $61,900 $73,200
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: 170610326

SmartMLS

APN: DANB-000014G-000000-000044